Neighborhood

Average Rent in New Chicago

New Chicago is a neighborhood in Memphis, TN. It ranks #52 out of 56 for places to rent. New Chicago is in

the county of

Shelby County and no congressional districts. Dwellsy has rental data for New Chicago includes

the zip code of

38107, 56 neighborhoods and no rental communities with places to rent.

The average rent over the last 3 months for places in New Chicago is $759 which represents a decrease of -17.8% over the same period.

Rental Price Comparison

The average rent for places in neighborhood New Chicago currently stands at $759.

In comparison, places in the average city, specifically Memphis, is more expensive, with an average rent of $1,175. This represents a difference of +55% when compared to New Chicago.

Meanwhile, in the average state of Tennessee, the average rent for the same type of housing is $1,554, showing a more expensive of +105% from our subject location.

On a national scale, the average rent for a similar places across the United States is $1,859. This constitutes a more expensive by +145% when compared to the rent in New Chicago.